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Everest Group VMS PEAK Matrix Assessment 2024

Magnit | June 12 2024

An increasing number of organizations are using Vendor Management System (VMS) technology to manage the full lifecycle of their contingent workforce. However, choosing the best VMS partner to work with may be a challenge, as VMSs deepen their capabilities in supplier management, direct souring, talent retention and more.

Everest Group evaluated 22 VMS solutions using a proprietary methodology to help organizations understand the provider landscape and designated them to three categories: Leaders, Major Contenders, and Aspirants. They were assessed across multiple criteria, including:

  • Value delivered
  • Core technology capability
  • Implementation, UI/UX and support
  • Emerging/differentiating capability
  • And more

For the fourth consecutive year, Everest Group designated Magnit a VMS Leader and ranked it #1 for “Vision & Capability” in recognition of its progressive tech-focused strategy and exceptional value proposition.

Download the report today for research-based insights to help you evaluate and choose a VMS provider for your organization. 

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